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of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking very nice. northbound 880 all the way up to the d
of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking ve
. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked up a billion dollars in debt in two years. we hear about other places in similar situation. some are wondering whether other u.s. cities will soon follow. matt mccall is president of financial group l. l. c. and countdown to the closing bell on fox network. california's 13th largest city officially heading to bankruptcy court today. a city in detroit trying to avoid the same thing, the largest city ever to be put under state control. if i live in a small town say in mississippi, i live in a farming community out in midwest or here in the big city of new york city, why do i care, how does it effect me, liz? >> it is interesting if you are part of a municipality that is in debt. when it comes to the clip that happened here situation probably unlikely unless your city finances are in such arrears and a dire state that you too should be watching. everyone can learn a lesson with what is happening in stockton, california today. heather: ta
cities. stockton, that's the california city, flat-out bankrupt. it begins the bankruptcy journey in court today. everybody is watching. will the judge roll back city pensions and if he does, what about other california cities and town. same question for detroit, it's not technically bankrupt, but it's totally insolvent. kevyn orr runs the city and what will he do with a city with unpayable debts. everybody is watching that one. in some, some are improving, but not stockton and not detroit. ♪ >> we just outlined two american cities on the verge of or actually in bankruptcy. now how about an entire country on the verge of a flat-out depression. that's what cyprus faces, a bailout plan has been approved. bank accounts over 100,000 euros will be taxed. the russian mob losing. angela merkel, the germans winning. i'm going to call it catastrophe for the people of cyprus which is where we find rich edson. and rich, set the scene. i'm hearing that it's not chaos, it's not misery, they're actually having a party. it's a holiday today. go. >> it is a party, stuart. it is europe. the caf
. a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friends when he vanished into the rough
decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friends when he vanish
idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his life. the leukemia is aggressive and chemotherapy will not cure it. the family has been told there are not many people of hispanic descent in the current database. finding a match will be extremely challenging. eduardo's classmates and teachers are spreading the word about finding a bone marrow match. the family hopes their son's story will inspire others to answer the call. >> i'm really convinced we can find it and save him and do whatever we need to do to convince the people to do the test. >> a bone marrow drive for eduardo will happen at river glen school next friday march 29th. it will start at 2:30 in the afternoon and end at 7:00.
, stockton is poised to become the most populous in the nation to enter bankruptcy when its trial begins tomorrow in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. >> we are seeing changes with the wind coming off the ocean and increase with clouds.hall signs of changes. even wet weather. temperatures are cooling to 50 degrees in san francisco fairfield, brentwood. low clouds coming off the ocean. tomorrow you will see gray skies but as we go for the afternoon some high clouds with clouds and gusting winds will be expected. and on the in income if chance for rainfall. new york's coney island is now open for business. today senator chuck schumer the start of the park's season. coney island opens the week before easter every year. but this year a lot of work had to be done to the electrical system that was damaged during superstorm sandy. officials say that today's celebrations serve as a remi
and is headed to stockton and interstate 5. we have some moving through the higher elevations of marin county and the sonoma county and this is headed over to petaluma and novato and san rafael, your wear will get wet again in the next 20 minutes. you can see the rain coming from 680, on martinez and headed out four from concord and bay point but not so heavy as it was before. and drifts are developing around san mateo south of san bruno and belmont and redwood city and all the way to palo alto, you could get pore light rain the next half hour. we are going to be wet at times around the bay and it will move to the south at noon and the drying will begin in the afternoon. the best chance of rain had morning is moving into the east bay valley after the morning commute and you will be fairly dry headed through the evening hour and the north bay coast is getting the rain this morning and it will be steady as you head to noon and in the afternoon, you will also see it tapering. >> we have serious situation in the santa rosa area and ongoing all morning with slick roads the problem. south 101 beyon
stockton now on the verge of bankruptcy, if not there. these problems -- they all will start the very tryingers charlie is talking about, and it could go here. i don't think it will for a while but it will. >> the chinese have to have place to put their money. they'd rather put their money in a u.s. treasury bond. but something is going to change. there's going to be a point where maybe the germans' currency is the place to go. our deficits are so high. >> neil: you're assuming the euro goes away. >> who knows by the way. i it only takes one, when the south seceded from the north -- >> neil: get out of this club. no one gets higher ratings from young viewers or makes us a much buck -- i'm talking how it is that jay leno's boss wants him out. a lesson on corporate snakes that is all too well known. >> you know the hollen general of st. patrick, right? drove all the snakes out of ireland and then they came into the united states and became nbc executives. it's a fascinating story. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a
week the library of congress selected it along with 23 other recordings for preservation. >>> stockton is said to become the most popular city in the nation to enter bankruptcy when its trial begins tomorrow. creditors who have lent the city money are challenging its chapter 9 bankruptcy petition. creditors plan to argue that the city has not done enough to cut spending. >>> a mock plane crash here in the bay area was designed to help specially trained dogs sharpen their search skills. crews with their dogs took part in this training in the shell ridge open space in walnut creek. the goal was to train volunteers for a real-life emergency. >> the dog handlers, their crews would come out, locate the casualties, and then provide treatment and ultimately evacuation. organize wears the california search and rescue dog association say rescuers don't usually see this type of situation, and they're hoping that this drill will help them in the future in case the real thing happens, they will be better prepared. >> coming up on 9:24. let's turn to rosemary and see how we're looking. the last cou
Search Results 0 to 10 of about 11